If a country produces only two goods, it is possible to have an absolute advantage in the production of both goods

Which of the following institutions has the responsibility for producing the coins that are distributed in the United States?

A) the U.S. Treasury Department B) the U.S. Mint C) the Office of the Comptroller of the Currency D) the Federal Reserve System

If the marginal social cost of producing a ton of cement is $4,000 and the marginal private cost is $3,500, then the

A) marginal benefit of a ton of cement will equal $4,000. B) total cost of producing a ton of cement is $7,500. C) marginal external cost of producing a ton of cement is $500. D) marginal external cost of producing a ton of cement is $7,500. E) marginal external cost of producing a ton of cement is $4,000.